CCB MRT Made $163M Profit. Up 13%!

[makapaaa]

<TABLE cellSpacing=0 cellPadding=0 width=452 border=0><TBODY><TR><TD vAlign=top width=452 colSpan=2>April 24, 2009, 7.17 pm (Singapore time)

</TD></TR><TR><TD vAlign=top width=452 colSpan=2>SMRT's Q4 net profit up 13.1%

By JOYCE HOOI
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SMRT posted a 13.1 per cent year-on-year increase in net profit to $38.7 million for its Q4 FY2009 results.
<TABLE cellSpacing=0 cellPadding=5 width=120 align=left border=0><TBODY><TR><TD><TABLE cellSpacing=0 cellPadding=4 width=200 align=right border=0><TBODY><TR bgColor=#4e6e78><TD colSpan=2 height=10>[FONT=Arial, Helvetica, sans-serif][FONT=Verdana, Arial, Helvetica, sans-serif]Related links: [/FONT]</TD></TR><TR bgColor=#d5e9f1><TD>
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</TD><TD>[FONT=Verdana, Arial, Helvetica, sans-serif][SIZE=-2]Click here for SMRT's news release[/SIZE][/FONT]</TD></TR><TR bgColor=#d5e9f1><TD height=39>

</TD><TD height=39>[FONT=Verdana, Arial, Helvetica, sans-serif][SIZE=-2]Financial statements[/SIZE][/FONT]</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>Quarterly group revenue for the three months ended March 31, 2009 rose 4.1 per cent to $216.9 million year-on-year.
For full year ended March 31, 2009, SMRT recorded an 8.5 per cent increase in net profit, from $149.9 million to $162.7 million. Revenue rose 9.6 per cent to $879 million, driven by increased train and bus ridership, rental and advertising revenue growth and higher project management fees from the Palm Jumeirah Project in Dubai.
The counter closed one cent lower, at $1.52.

Hor seh loh! Time to replace my benzee with RR and drive back to Msia to show my clansmen! *hee*hee*​

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[PAPsupporter]

The profit will be used to maintain and upgrade all the current systems and facilities to provide a much better and quality services to all people in Singapore. As you can see that SMRT is constantly having upgrading projects to give all people in Singapore to have great convenience. Well done SMRT and a 3 cheers for PAP.

 

[flkyflky]

The profit will be used to maintain and upgrade all the current systems and facilities to provide a much better and quality services to all people in Singapore. As you can see that SMRT is constantly having upgrading projects to give all people in Singapore to have great convenience. Well done SMRT and a 3 cheers for PAP.

FUCK VAMPIRE PAP GOVT :oIo::oIo::oIo:

When they up price it is big amount.

When they KPKB said reduced, only 2 cents! KNNCCB!

 

[angie II]

The profit will be used to maintain and upgrade all the current systems and facilities to provide a much better and quality services to all people in Singapore. As you can see that SMRT is constantly having upgrading projects to give all people in Singapore to have great convenience. Well done SMRT and a 3 cheers for PAP.

Well said PAPee doggy..

CLAP CLAP CLAP

















:oIo::oIo:

 

[makapaaa]

The profit will be used to maintain and upgrade all the current systems and facilities to provide a much better and quality services to all people in Singapore. As you can see that SMRT is constantly having upgrading projects to give all people in Singapore to have great convenience. Well done SMRT and a 3 cheers for PAP.

Toking about upgrading hor, time to upgrade my benzee to bentlee lor! *hee*hee*​

 

[xebay11]

The profit will be used to maintain and upgrade all the current systems and facilities to provide a much better and quality services to all people in Singapore. As you can see that SMRT is constantly having upgrading projects to give all people in Singapore to have great convenience. Well done SMRT and a 3 cheers for PAP.

I only see long waits and human sardines, what upgrading?

 

[scoobyhoo]

qing qing qing qing
qing qing qing qing
no money no talk
no money no talk

 

[hughgrant]

very gd news for shareholders like myself. kam sia!

 

[johnny333]

very gd news for shareholders like myself. kam sia!

The company may be profitable but don't forget the management will have first crack at the profits. They must have plenty of PAP directors & they don't come cheap.

After they're done whats left for the shareholders.

 

[SneeringTree]

huat ah!!! Sinkies go eat shit!

 

[VeryWise]

How much did they lower the price of commute to help Singaporeans in this difficult time? 1 cent? 3 cents? If pursuit of more profit is the board's goal, I am afraid that we will see ever increasing prices. Anyone has info on the cost structure of SMART? What's their biggest expenditure? What areas they can cut waste to be more cost efficient instead of raising the price of the tickets?

 

[KuanTi01]

wtf. suck so much blood!this place is haunted by so many vampires.